In an exciting development for fleet owners and drivers, Multi Service Fuel Card has introduced a revolutionary One-Time PIN (OTP) feature within its mobile app, bringing a new level of security to fuel transactions. This innovation comes as a response to the alarming rise in card skimming incidents, which have reportedly cost U.S. financial institutions and consumers over $1 billion annually. In fact, the number of compromised cards due to skimming surged by an astonishing 77% in 2023 compared to the previous year, according to FICO data.

The OTP feature leverages cutting-edge technology to generate unique, time-sensitive PINs that authorize transactions at the pump. This approach significantly mitigates the risk of fraud, as the PINs are dynamically created and expire quickly, leaving no room for criminals to reuse stolen data. Aaron Decker, the CEO of Multi Service Fuel Card, emphasized how this new feature empowers users to securely manage their accounts with minimal effort.

One of the standout advantages of the OTP system is its flexibility: it operates on both iOS and Android devices and does not require a Wi-Fi connection. This ensures that fleet operators can seamlessly authorize transactions no matter where they are. Ron Gunderson, Senior Director of Product & Technology at Multi Service Fuel Card, noted, “This update showcases our dedication to adapting to evolving security threats while ensuring the utmost user convenience.”

Currently, the OTP feature is available for new Multi Service Fuel Card users by default, while existing customers can easily enable it through their account settings. In addition to the OTP, the latest version of the mobile app also offers users the ability to review recent transactions and access account receivable information, further easing financial management for fleet owners.

But there’s more! Non-cardholders can still find valuable features within the app, including the ability to locate truck stops along their routes, complete with real-time fuel prices and available amenities. Recently added biometric security ensures that all users can log in easily and securely.

Multi Service Fuel Card, founded in 1978 by a visionary truck driver seeking a better payment method for fuel, has established itself as a pillar within the trucking industry. Now accepted at over 8,900 locations across the U.S. and Canada, including major chains like TA/Petro, Pilot/Flying J, and Love's, the company continues to evolve and adapt to meet the needs of its users. Following its acquisition by Shell USA in 2021, Multi Service Fuel Card is committed to providing unparalleled service in fuel management.

Don’t miss out on this vital update, and ensure your transactions are safeguarded by downloading the latest version of the Multi Service Fuel Card app today!